SUBSCRIBERS

ECB keeps interest rates at record low as markets seek clues to stimulus

Published Thu, Oct 20, 2016 · 09:50 PM

Frankfurt

THE European Central Bank (ECB) kept its key interest rates at record low at its policy meeting on Thurs-day, as calls grew for president Mario Draghi to shed light on his future stimulus plans.

The ECB's governing council voted, as expected, to keep the benchmark "refi" refinancing rate at an all-time low of zero per cent, a spokesman said.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here